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"The partnership remains strong" (As we hire all of your employees). This is going to be fascinating to watch. You have to think all of the usual players are
by outside1234 3y ago
"The partnership remains strong" (As we hire all of your employees).
This is going to be fascinating to watch. You have to think all of the usual players are going to offer everyone at OpenAI crazy salaries to break from Microsoft, if for nothing else to disrupt them from taking over OpenAI for free and to sow chaos and "deal doubt" amongst the remaining. It is what I would do if I were Facebook or Google at least.
Meanwhile, at Microsoft, they had no raises this year because of "economic situations" or some such BS. So watching a bunch of folks get 2x raises doesn't sound like it is going to go down well. Not hard to imagine a lot of discontent with this from that angle as well.
- gardenhedge 3y agoWow, I wonder how MS employees are feeling right now
- siggen 3y agoI would think they feel great. Share price is going through the roof purely based on hype.
- gardenhedge 3y agoBut they've been told no pay rise and yet are taking on all of OpenAI's team with no interview process
- whatwhaaaaat 3y agoWe’re looking at different msft stocks then because msft is basically flat from 5 days ago.
- WrongAssumption 3y agoMicrosoft hit all time highs just on the possibility that they hire Altman. It almost certainly didn’t go even higher because it’s still not a sure thing. If it actually happens I think the market will value Microsoft even higher.
- whatwhaaaaat 3y agoMicrosoft hit all time highs because the market has been on a three week rip.
- siggen 3y agoYes. I was responding to the question about how the employees feel, and they feel great, precisely because all time highs (let’s ignore openai’s impact for now). Wrt openai, why should msft employees feel bad to have openai colleagues who can help further increase share price? Wrt whether it’s just the market itself or openai, note that news of sama’s firing caused ms shares a steep drop. Then news of sama’s employment with msft help set the share price at least back to where it was before.
- mminer237 3y agoMicrosoft's share price is almost exactly the same today as it was before any of the drama happened, while the S&P 500 is up half a percent.
- siggen 3y agoNo raises for everyone but they did give promotions out.